GM to slash up to 14,000 jobs in North America

TV report: General Motors plans to close Canadian assembly plant

GM Reportedly Plans to Close Its Factory in Oshawa, Canada, Leaving 2500 Jobless

Unifor instructed its members to leave the plant Monday morning rather than wait to hear GM's planned internal announcement. The company also plans to stop building several models now assembled at those plants, including the Chevrolet Cruze, the Cadillac CT6 and the Buick LaCrosse. The company last month offered voluntary buyouts for 18,000 salaried workers.

"GM owes the community answers on how the rest of the supply chain will be impacted and what consequences its disastrous decision will have on the Mahoning Valley and our state", he said in the press release. As many as 10,000 jobs are tied to companies that supply parts for the plant, said Flavio Volpe, head of the Automotive Parts Manufacturers Association.

"This is a warning and we all must be concerned about protecting jobs and keeping them in this country".

GM Chairman and CEO Mary Barra said the company is aiming to cut executive positions by 25 percent, as part of its overall push to cut it workforce.

GM is also dealing with some higher costs associated with tariffs on imported steel and aluminum, which has raised its commodity costs by about $300 million in the third quarter and could raise costs by $1 billion next year.

Governor Kasich says he is seeing if there is any way to preserve the Lordstown plant and his office is going to do everything it can to help affected families have access to new opportunities.

The impending shutdown is "scary", said Matt Smith, who has worked at the Oshawa plant for 12 years. "They told me straight up there's nothing we can do", he said.

The company has promised to reduce its structural costs by $6.5 billion per year by the end of 2018, and said in October that it was close to delivering on that pledge.

In February, the company said it would close one plant in South Korea. "We all know there is strong demand for manufacturing space in Detroit and we are willing to work with GM to fill all the available manufacturing space at Poletown with either GM-related entities or other companies".

As for General Motors, Ford said he found out about the plant closure on Sunday afternoon.

TV report: General Motors plans to close Canadian assembly plant

GM says assembly plants in Detroit, Warren, Ohio and Oshawa, Ontario, Canada will be shuttered in 2019, along with propulsion plants near Baltimore, Maryland and Warren, Michigan.

The union representing workers at the Oshawa GM plant is calling on the automaker to live up to an agreement and allocate product to the plant for December 2019, based on commitments made during 2016 contract negotiations.

The official said it is part of a global restructuring of GM as they shift focus to lower emitting hybrid vehicles, which is not the focus of the Oshawa plant.

"It's hard, it's horribleGǪ We have always been the best plant in North America".

GM will close 5 North America plants, another three elsewhere.

The closures and layoffs follow similar moves by other big USA automakers as the industry adjusts to lower consumer demand for passenger cars.

But the next automaking leader may not be GM or one of its traditional rivals.

But moving that vehicle, the Chevrolet Cruze, south of the border brings the risk of provoking a backlash from President Donald Trump.

John Henry, the mayor of Oshawa, said early on Monday on Twitter that he hadn't talked to GM yet, and that a meeting was scheduled to begin at 09:30 a.m. Ontario time between the management and workers.

Juventus interested in signing Marcus Rashford from Manchester United
The highly-rated youngster has missed just a minute's action since West Ham's defeat against Wolves in early September. United were reportedly keen on the Austrian in the summer and are once again said to be interested in signing him.


Latest News